PUBLISHER: KBV Research | PRODUCT CODE: 1395655
PUBLISHER: KBV Research | PRODUCT CODE: 1395655
The Europe Fabric Wash and Care Market would witness market growth of 5.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 4,705.6 Kilo Tonnes, showcasing a growth of 5.9% (2019-2022).
The primary application of fabric wash and care products is, of course, for cleaning and maintaining clothing and other personal textiles. This encompasses everything from everyday wear to special garments and delicate fabrics. Products such as bedding, curtains, and upholstery require regular care to maintain their appearance and hygiene. Specialized fabric care products are designed to cater to these needs. The hospitality, healthcare, and manufacturing industries rely heavily on commercial laundry services. This includes cleaning and maintaining linens, uniforms, and other textiles used in these sectors. Outdoor enthusiasts and athletes rely on fabric care products to clean and maintain their gear, including hiking clothing, sportswear, and camping equipment.
The increase in demand for value-added products and premium items, which bolster market expansion, can be attributed to shifts in consumer lifestyles that have made individuals more hygiene-conscious daily. These factors have contributed to expanding the market. Increasing disposable income, enhanced container design, and introducing new products are additional factors propelling the fabric wash & care industry. In recent years, there has been a discernible trend away from plastic packaging and towards packaging alternatives that are more environmentally sustainable.
According to the International Trade Administration, the French civil aerospace industry in 2021 grew slightly to €35.66 billion, and the civil sector represents 69% of revenues. Airlines and aviation companies often have in-house laundry facilities to maintain their textiles. This creates a commercial and institutional demand for fabric care products designed for aviation use. The growth of the aviation industry encourages innovation in fabric care products, leading to the development of advanced and effective solutions to meet the sector's evolving needs. The aforementioned factors will drive the market growth in this region.
The Germany market dominated the Europe Fabric Wash and Care Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $10,123.9 Million by 2030. The UK market is registering a CAGR of 4.9% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 6.8% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Hypermarkets/Supermarkets, Specialty Stores, Online, and Others. Based on Application, the market is segmented into Residential, Hospitality, Healthcare, Aviation, Automotive, and Others. Based on Product Type, the market is segmented into Detergent, Fabric Softener/Conditioner, Bleach. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Colgate-Palmolive Company, Church & Dwight Co., Inc., The Procter and Gamble Company, Henkel AG & Company, KGaA, Reckitt Benckiser Group PLC, Wipro Limited, Seitz GmbH, Unilever PLC, Amway Corporation and The National Detergent Company S.A.O.G.
Market Segments covered in the Report:
By Distribution Channel (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Product Type (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
Companies Profiled
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